Health Care Reform: Supplemental and Long-Term Care Insurance (Testimony,
11/09/93, GAO/T-HRD-94-58).
Provisions of the Clinton administration's Health Security Act that deal
with private long-term care insurance and supplemental health insurance
address many of the problems that GAO has pointed out in the past. The
act has detailed sections governing the content and marketing of such
insurance, including disclosure standards that protect consumers from
deceptive marketing practices, grievance procedures that allow
policyholders to contest insurance company decisions, and sales
commission standards that discourage questionable sales practices. In
general, GAO believes that the administration's proposal contains the
kinds of consumer protections that GAO has long advocated. Some
problems, however, are not addressed. Specifically, the act will not
protect consumers from the sale of duplicate policies or high-pressure
sales techniques. It also does not address other kinds of supplemental
insurance that cover specific diseases or conditions requiring
hospitalization. Because of their limited, narrow coverage, such
insurance may be unnecessary for many consumers.
--------------------------- Indexing Terms -----------------------------
REPORTNUM: T-HRD-94-58
TITLE: Health Care Reform: Supplemental and Long-Term Care
Insurance
DATE: 11/09/93
SUBJECT: Long-term care
Insurance regulation
Health insurance
Consumer protection
Medicare programs
Health insurance cost control
Public health legislation
Proposed legislation
Insurance premiums
Eligibility criteria
IDENTIFIER: Medicaid Program
Medigap
Health Security Act
National Health Care Reform Initiative
Clinton Health Care Plan
------------------------------------------------------------------------
We regret that electronic text of GAO Testimony is not available at
this time.
See the GAO FAQ - Section 2.0 for printed copy ordering information.
The FAQ is automatically retrieved with all WAIS search results or
can be obtained by sending e-mail to: [email protected]